Driving Innovation: Mechanical and Optical Processes During Rigid-flex Production
It’s Only Common Sense: Your Biggest Competitor Is Complacency
The Chemical Connection: Onshoring PCB Production—Daunting but Certainly Possible
Samsung Electro-Mechanics Posts 17% Growth in 4Q2020 Sales
January 29, 2021 | Samsung Electro-MechanicsEstimated reading time: Less than a minute
Samsung Electro-Mechanics has reported sales of KRW 2.0864 trillion ($1.87 billion at $1:KRW1,115.97) for the fourth quarter of 2020, up by 17% compared to the same quarter of the previous year. Operating income for the period reached KRW 252.7 billion ($226.4 million), an increase of 73% compared to the same period in 2019.
The company attributes the earnings improvement to the revenue growth from its MLCC, package circuit board, and OLED rigid-flex PCB (RFPCB) segments due to the growth in the 5G telecommunications market.
For the full year 2020, Samsung Electro-Mechanics recorded total sales of KRW 8.2087 trillion ($7.36 billion) and operating income of KRW 829.1 billion ($742.99 million), up by 6% and 12%, respectively, compared to the previous year.
The company's Circuit Boards Business recorded revenues of KRW 557.9 billion ($499.96 million) in the fourth quarter, up by 23% on a quarter-on-quarter basis. Performance improved with the growth in demand for mobile APs, package circuit boards, and OLED RFPCBs.
This year, the company plans to improve profitability of its Circuit Boards business by expanding its supply of package circuit boards, including 5G, automotive, and thin-plate CPU circuit boards, amid increasing demand driven by the expected improvement in the semiconductor market.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Firefly Aerospace Announces Strategic Acquisition of SciTec to Advance National Security Capabilities
10/07/2025 | Firefly AerospaceFirefly Aerospace, a market leading space and defense technology company, has entered into a definitive agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855 million through a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
High-Tech Hill Technology Park Opens: Four New Factories Launched
09/26/2025 | TeltonikaThe ambitious vision announced in late 2020 to build a world-class technology park in Liepkalnis, Vilnius, has become a reality. AGP Investments, led by entrepreneur Arvydas Paukštys, together with high-tech leaders Teltonika and TLT, today inaugurated four new factories at the Vilnius High-Tech Hill Technology Park.
U.S. Manufacturing Jobs Decline Amid Tariffs and Immigration Crackdown
09/17/2025 | I-Connect007 Editorial TeamManufacturers in the U.S. are cutting jobs even as President Donald Trump pushes policies he says will revitalize the industry. Employers shed 12,000 manufacturing jobs in August, while payrolls in the sector have fallen by 42,000 since April, according to a new analysis from the Center for American Progress (CAP) based on government labor data.
Defense Speak Interpreted: If CHIPS Cuts Back, What Happens to Electronics Packaging Funds?
09/02/2025 | Dennis Fritz -- Column: Defense Speak InterpretedIn my May column, I examined the topic of the CHIPS Act and its current status as a U.S. government program. I found that CHIPS activities continue, but some corporations have delayed or canceled them because of budget cuts or corporation-specific problems. However, CHIPS integrated circuits—mostly administered by the Department of Commerce—don’t fully drive the electronics interconnection activity being funded by the government. Let’s cover the progress/status of other programs:
Ecolab to Acquire Ovivo’s Electronics Ultra-Pure Water Business
08/15/2025 | EcolabEcolab Inc. has entered into a definitive agreement to acquire Ovivo’s Electronics business, a leading and fast-growing global provider of breakthrough ultra-pure water technologies for semiconductor manufacturing.